Summit Wireless Technologies (WISA) Posts Earnings Results, Misses Expectations By $0.01 EPS
Summit Wireless Technologies (NASDAQ:WISA) posted its quarterly earnings results on Tuesday. The company reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.01), Fidelity Earnings reports. The firm had revenue of $0.47 million during the quarter.
Shares of NASDAQ WISA traded up $0.12 during mid-day trading on Thursday, reaching $1.97. 9,124 shares of the company traded hands, compared to its average volume of 30,870. Summit Wireless Technologies has a fifty-two week low of $1.50 and a fifty-two week high of $5.61.
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Summit Wireless Technologies, Inc develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems.
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